Replies to post #1348 on Trading SPX Cycles

[Torqputty]

Downside pressure and fear is dominate

I think the dominate signal is 'downside pressure' and 'fear'. - Most of my long term T/A are showing “stay out”… but a couple of areas that may hold the drop is support at SPX 1220 plus the weekly phase has not turn down. At this juncture I think the day traders are the ones making money until SPX 1220 is proven. In any case; Longterm Im staying out and I don’t have the luxury to be at the monitor to day trade.